In today’s recent session, 0.97 million shares of the ADT Inc (NYSE:ADT) have been traded, and its beta is 1.58. Most recently the company’s share price was $6.39, and it changed around $0.03 or 0.48% from the last close, which brings the market valuation of the company to $5.82B. ADT at last check was trading at a discount to its 52-week high of $7.60, offering almost -18.94% off that amount. The share price’s 52-week low was $4.89, which indicates that the recent value has risen by an impressive 23.47% since then. We note from ADT Inc’s average daily trading volume that its 3-month average coming to 5.87 million.
ADT Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.14. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 1 recommended ADT as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. ADT Inc is expected to report earnings per share of $0.12 for the current quarter.
ADT Inc (NYSE:ADT) trade information
Instantly ADT has been showing a green trend so far today with a performance of 0.48% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently down -6.30% year-to-date, but still up 3.40% over the last five days. On the other hand, ADT Inc (NYSE:ADT) is -1.99% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $7, which translates to bulls needing to increase their stock price by 8.71% from its current value. Analyst projections state that ADT is forecast to be at a low of $7 and a high of $7.
ADT Inc (ADT) estimates and forecasts
ADT Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 4.93 percent over the past six months and at a 37.25% annual growth rate that is well above the industry average of 22.20%. The year-over-year growth rate is expected to be -1.20%, down from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of $1.19 billion in revenue for the current quarter. 2 analysts expect ADT Inc to make $1.22 billion in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $1.61 billion and $1.65 billion respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -26.10%. Forecasts for the next quarter put sales growth at -25.90%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 25.80%. ADT Inc earnings are expected to increase by 27.29% in 2024, but the outlook is positive 3.90% per year for the next five years.
ADT Dividends
ADT Inc’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 2.50 percent and its annual dividend per share was 0.16. It is important to note, however, that the 2.50% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
